BNB babcock & brown limited

staff sacking, page-6

  1. 46,202 Posts.
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    Where is all the money? This was supposed to be a cash box. The recipients of the fees and commissions ripped out of the system for the privilege of incurring ridiculous debt arrangements have been the only beneficiaries along with a management drawing their huge benefits. Once again shareholders who supposedly own the company are the ones to be hit. Retail investors are told get professional investment advice when all that happens is they take out fees and commissions and then squander the shareholders funds. Shareholders need to become more proactive in protecting their interests. IMO all should join the shareholders association and with the additional membership fees we should have the clout to take on the charlatans and lobby for stringent shareholder control over benefits paid to office holders and also in respect to company debt levels.
 
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Currently unlisted public company.

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